Barclays sails out of choppy waters
Friday, March 20, 2015
Van de Merwe
In an environment characterised by tight liquidity, squeezed interest margins and a freeze on bank charges, Barclays Bank recorded a 16 percent rise in profit after tax to P335.9 million for the full year ended December 2014.
The 16 growths represent a weighty recovery from the 34 percent and 18 percent profit plunge suffered in 2013 and 2012 respectively.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...